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Doss [256]
2 years ago
5

Why did Keynes think deficit spending was necessary during periods of recession (such as the Great Depression)?

Mathematics
1 answer:
Dimas [21]2 years ago
6 0

Answer:

Keynes argued that inadequate overall demand could lead to prolonged periods of high unemployment. But during a recession, strong forces often dampen demand as spending goes down

Step-by-step explanation:

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